The story
Electrical power infrastructure in São Paulo was originally developed in the first half of the 20th century by the São Paulo Tramway, Light and Power Company, a company financed with foreign capital and legally domiciled in Toronto, Ontario, Canada. After 1912, this company was part of the holding company Brazilian Traction, Light and Power Company (usually known in Brazil simply as "Light"), which eventually changed its name to Brascan (for "Brasil" + "Canada"). At the end of the 1970s, the company's Brazilian assets transferred to Brazilian ownership, first to private hands and then (in 1981) to the government of the state of São Paulo. The Canadian company, which had in the meantime diversified to other areas, still exists under the name Brookfield Asset Management.
From Wikipedia’s article on Enel Distribution São Paulo, shared under CC BY-SA 4.0.4